I still think we just formed left shoulder of Head and Shoulders pattern, so much higher is possible. The 15% decline in corporate taxes really not kicked in yet.
Handle, You discuss hedging a lot, and I'm always a learner. I understand how and the concept, but there's a tax to do it. I'm curious to know how you see it advantageous over a simple stop. Or really, why not just by call's or puts straight up without the underlying? It's the same thing, isn't it?
ES is a market that is biased long. So, unless there is an obvious reason to be short, I remain long biased.
I love overnight pullback. This is nice and healthy here at 2717 and should give us a nice foundation to build from.--Ishmael.
S 21.00 dumped half at 4 ticks and out. have had 21 signals in half hour all the same love chop but horrible for trend moves